Karl Wood
About Karl Wood
Karl Wood is a Director of Indirect Tax at KPMG Australia and has extensive experience in the field, currently serving in multiple roles including Indirect Tax Manager at Opal Aged Care and Lion. He has a background in advising on indirect tax for major property portfolios and is actively involved in various tax committees and groups.
Work at KPMG Australia
Karl Wood has served as Director of Indirect Tax at KPMG Australia since 2013. In this role, he leads the GST offering in Real Property and Infrastructure. His responsibilities include providing expert advice on indirect tax matters and guiding clients through complex tax issues. He is also a member of the Large Business Advisory Group (LBAG), which focuses on addressing the needs of large businesses in relation to indirect tax.
Current Role at Opal Aged Care
Since 2018, Karl Wood has been the Indirect Tax Manager at Opal Aged Care. In this position, he oversees indirect tax compliance and strategy for the organization. His work involves ensuring that the company adheres to tax regulations while optimizing tax positions. This role complements his extensive experience in indirect tax management across various sectors.
Previous Experience at Stockland
Karl Wood worked at Stockland as Head of Indirect Tax from 2005 to 2012. During his tenure, he provided transactional GST advice for acquisitions, restructurings, and financing. He played a key role in advising on the indirect tax aspects of AMP Capital Investors' extensive property portfolio, demonstrating his expertise in property-related tax matters.
Industry Involvement and Lobbying
Karl Wood is actively involved in industry advocacy, particularly in lobbying on various GST issues through his role in the Property Council of Australia. He chairs the Property Council of Australia’s National GST Subcommittee and sits on the Retirement Living Tax Committee. His involvement in these committees highlights his commitment to addressing tax challenges within the property sector.
Education and Expertise
Karl Wood possesses extensive expertise in indirect tax, particularly in the areas of GST and property taxation. His educational background supports his professional roles, equipping him with the knowledge required to navigate complex tax regulations. His experience across multiple organizations enhances his ability to provide strategic tax advice.